BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
PANDA's Nick Hudson tells Alec Hogg: lockdown to save lives is a joke, the curve just does what the curve will do
Nick Hudson, the coordinator of Pandemic Data and Analytics (PANDA), a multidisciplinary initiative, has for some months now described the South African government’s mantra that the lockdown saves lives and that it is lives versus the economy to be a false dichotomy. In this fascinating excerpt from Monday’s Rational Radio…
Eskom in court to recover R3.8bn; CR on PPE ‘scavengers’; SAB cans R2.5bn upgrades; Choppies; Shoprite
In today’s business news headlines: * Eskom and the Special Investigating Unit have issued a summons in the North Gauteng High Court in Pretoria against former executives and board members, seeking to recover about R3.8bn ($220m) that it alleges was diverted illegally; * President Cyril Ramaphosa has vowed to deal…
Inside Covid-19: "Peaked" argument gathers momentum; Rationality on IMF loan; Where 2m distancing comes from. Ep 67
In episode 67 of Inside Covid-19, we take a closer look at Vitality’s successful crowdfunding approach to helping the nation fight the coronavirus; there’s a rational perspective on South Africa’s hotly debated R71bn pandemic-related loan from the IMF; we hear from the independent actuaries and professionals group PANDA on why…
David Shapiro: Apple conquers China; share price up by 10%
In China, iPhone sales surged from February as the market started recovering from the supply and demand shocks caused by the onset of Covid-19. Apple sold 3.9 million iPhones in April alone, a 160% increase from March. On Friday 31 July, Apple's share price jumped up by 10% in a…
How Tesla became the most valuable car manufacturer in the world – Wall Street Journal
Tesla has captivated investors on Wall Street. It has become the most valuable auto company in the world, surpassing Toyota and claiming a market cap of over $190bn before continuing its climb. The Wall Street Journal looks at its soaring stock. Learn more about your ad choices. Visit megaphone.fm/adchoices
Who's dying from Covid-19 and how to ensure you don't join them
Gareth Friedlander, deputy CEO of Discovery Life, and Dr Maritha van der Walt, Discovery Life's chief medical officer, discuss which individuals are more likely to suffer severe symptoms if infected with Covid-19 and offer helpful lifestyle advice to minimise your chances of falling into this category. - Nadya Swart Learn…
So you want to become a day trader? Tips on getting started, making money in the markets - Fred Razak
The number of day traders is on the rise, with people looking for new ways to make money or take charge of their own investments. In this interview with BizNews editor Jackie Cameron, trading specialist Fred Razak of CMTrading sets out how to get started and provides pointers on how…
CR defends booze ban, but Sars boss warns of huge tax losses; London Covid-19 alert; SA economy warning - OECD
In today's news headlines: * President Cyril Ramaphosa has defended the alcohol ban - even though it has emerged that the country has lost as much, if not more, in tax revenues as it has received in emergency Covid-19 funding. * Elsewhere there are concerns that the spread of Covid-19…
Tim Modise: Looking for a new career? How to reinvent yourself for the digital world, with Siya Madyibi
Executive for Corporate External and Legal Affairs Microsoft South Africa - talks about the Microsoft Global Skills initiative that has been introduced in South Africa to assist unemployed people or anyone seeking to reorient or improve their skills in the digital world. The additional benefits include job opportunity searches and…
ANC rule will be over by the end of the decade - Frans Cronjé, Ralph Mathekga
The ANC and its alliance members have been in power since 1994 and it is almost unthinkable to imagine South Africa without the organisation that Nelson Mandela led. Dr Frans Cronjé, Chief Executive Officer of the Institute for Race Relations, told the BizNews Midweek Catchup webinar that he believes that…
Could you have Covid-19? Soon your smartwatch or smart ring might tell you - Wall Street Journal
For the past three weeks I’ve worn an Oura ring, Fitbit, Garmin fitness band and Apple Watch, along with two high-tech skin patches, all packed with sensors. They’ve sent hundreds of temperature readings, blood oxygen levels, heart beats - even cough counts - to my phone. All to find out…
Tim Modise: Small, medium-size businesses - tips for improving performance
ProductivitySA CEO- discusses the R104m grant from the Department of Labour to help improve small and medium sized operational capacity. He says South Africa’s competitiveness is constrained by some policy choices that must be reviewed and explains what companies can do to improve their capacity and the assistance ProductivitySA gives…
Apple, Google, Facebook, Amazon at Congress: What's at stake - Wall Street Journal
The 'Emperors of the online economy' testify: The CEOs of Apple, Google, Facebook and Amazon appeared before Congress to face questions about anticompetitive behaviour. BizNews partner the Wall Street Journal breaks down lawmakers' showdown with Big Tech. Learn more about your ad choices. Visit megaphone.fm/adchoices
Covid-19 curfew eases to 10pm, but booze ban remains; De Beers to axe staff; Anglo American; ArcelorMittal; SA beer
In today's news headlines: * Diversified miner Anglo American on Thursday said first-half profits fell 39%. * Steel producer ArcelorMittal South Africa fell deeper into a half-year loss as demand for steel dropped and output declined after operations were shut during a lockdown. * AB InBev says volumes in South…
What the IMF loan means for the future of SA's economy - Peter Leon
South Africa is set to sign up for a R71bn loan from the IMF. What does a loan of this magnitude mean for the country and the future of the economy? Here, BizNews founder Alec Hogg chats to Peter Leon, a partner at Herbert Smith Freehills, about the IMF loan…
Why top retailers watch Apple in face of Covid-19 - Wall Street Journal
Apple is well known for its ability to stay ahead of the curve when it comes to business strategy and product development. In terms of its response to Covid-19, the tech giant has been just as innovative. In February, Apple warned investors that it would fail to meet its previous…
Herd immunity: What is it, will it help us get out of Covid-19? Wall Street Journal
We know that Covid19 spreads through close contact, making crowded areas potentially deadly. But when some members of a crowd are immune, that begins to change. This is called herd immunity. It's what's protecting much of the population from diseases like measles and polio, and it's what's driving vaccine efforts…
Inside Covid-19: SA deaths in context, may have peaked; IMF loan a "watershed"; Apple's pandemic indicator. Ep 66
In episode 66 of Inside Covid-19, we take a deep dive into what’s killing South Africans, including the relative impact of Covid-19; hear from the Africa partner of a major global law firm why the fine print will make yesterday’s IMF loan a game changer for the economy; we hear…
Guardrisk, Old Mutual throw in towel on business interruption; IMF funding is SA game-changer - lawyer; Standard Bank
In today's news headlines: * Guardrisk and Old Mutual have opted to settle with small business clients who have claimed for business interruption from Covid-19 lockdown restrictions. * IMF funding could be a game-changer for SA, says lawyer Peter Leon. * Standard Bank has warned of a profit plunge. Banks…
BizNews founder Alec Hogg asks Hollard boss the tough questions about business interruption insurance
Insurance companies have refused to pay up for business interruption insurance, insisting that they are not liable for Covid-related shutdowns. But, a court has ruled against them. Instead of giving their clients what is owed, insurers have offered relief payments to some - with the caveat that they are not…